No More Overseas Vacations

The funk that I've been in and part of the reason there have been fewer posts recently is partially a result of politicians' attempt to reflate American assets by deflating the currency, and the lack of political will to reverse the trend.

At this rate, the US Dollar (USD) is going to lose its position as the currency of trade.

http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html

So what you say? This is what:

http://online.wsj.com/article/SB10001424052748703298004574458923186941870.html

I sat in a meeting today where a respected Wall Street strategist said the only way out of the current economic situation is to inflate assets. I think that is a horrible idea. As has been stated here many times, we need to work our way out of it and not try to legislate out of it.

Seeing crap like this, at the 9:55 mark, boils my blood and frankly depresses me:

http://abcnews.go.com/Video/playerIndex?id=8746931

As usual, free money will be spent - it has a tendency to do that! But it is not in the long-term interest of Americans or the USD. I'm beginning to wonder if either party cares.

-2outof4